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CST Brands Inc Spins Off From Valero Energy Corporation


Wednesday, 1 May 2013 07:00am EDT 

CST Brands Inc announced that the Company which includes Corner Store and Dépanneur du Coin, spun off from Valero Energy Corporation, entering the market as the second-publicly-traded fuel and convenience merchandise retailer in North America. Effective May 1, CST shares were distributed to Valero shareholders at a rate of one share of CST for every nine shares of Valero common stock held as of April 19, 2013. Regular way trading of CST common stock will begin on May 2, 2013. CST stock will be traded on the NYSE under the ticker symbol CST. 

Company Quote

48.45
-0.25 -0.51%
3:18pm EDT